Under the laws passed by Congress, once production is reached the full tax break lasts for one more quarter, then halves for six months, then halves again for six months, and is then abolished altogether.
Other manufacturers producing hybrids such as Honda, GM, and Ford haven’t reached this limit and will therefore continue getting benefits. What does this mean for you? If you’re in the market for a Toyota hybrid, you better move quickly to save a fair chunk of cash. There’s no word on how dealers will react to these tax cuts.